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Single-family home starts rise

Single-family housing starts, a key measure of the health of the new-home market, rose 2.3 percent in April from March, the Census Bureau reported Wednesday. Overall starts were up 2.6 percent in April over March and 29.9 percent over the same month in 2011. Overall permits — an indicator of future construction — fell 7 percent in April from March but were 23.7 percent above April 2011.

Single-family housing starts, a key measure of the health of the new-home market, rose 2.3 percent in April from March, the Census Bureau reported Wednesday.

Overall starts were up 2.6 percent in April over March and 29.9 percent over the same month in 2011. Overall permits — an indicator of future construction — fell 7 percent in April from March but were 23.7 percent above April 2011.

Single-family permits were 1.9 percent above March, the bureau reported.

-- Alan J. Heavens#